Venture Global, Inc. Q1 2026 Operations Update
Venture Global, Inc. reported its operational and financial results for the quarter ended March 31, 2026. The company exported 130 LNG cargos, with 480.8 TBtu of LNG sold and recognized in revenue at an implied weighted average fixed liquefaction fee of $3.82 per MMBtu. The Calcasieu Pass facility exported 38 cargos, contributing 141.2 TBtu, while the Plaquemines facility exported 92 cargos, contributing 339.6 TBtu. Revenue is recognized upon transfer of control to the customer, with specific recognition points depending on the shipping terms (FOB or DES/DPU). Two DES cargos from Plaquemines, totaling 8.3 TBtu, were recognized in the subsequent quarter. The company noted that these metrics are operational indicators and not sole determinants of overall quarterly financial performance, which will be detailed in the upcoming earnings report. Venture Global also included standard forward-looking statement disclaimers.